Fiscal Note
SB0121 - Department of Commerce Fund Amendments
State Impact:
Two funds, the Consumer Protection Education and Training Fund and the Securities Investor Education and Training Fund will see their caps raised from the current $100,000 to $250,000 each. This impacts the projected revenues for both FY 2007 and FY 2008 in that approximately $250,000 that was expected to be transferred to the General Fund will not occur. The FY 2009 revenue projections, yet to be determined, will be adjusted for the decreased General Fund transfers.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $0 | $0 | ($250,000) | ($250,000) | $0 |
| Restricted Funds | $0 | $0 | $0 | $250,000 | $250,000 | $0 |
| Total | $0 | $0 | $0 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.
| 2/12/2007, 8:34:02 AM, Lead Analyst: Eckersley, S. | Office of the Legislative Fiscal Analyst |